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Grid operators, exchanges call for EU to change power price rule
Europe's transmission system operators (TSOs) and electricity exchanges have called for the European Union to change the mechanism used for raising the power market price ceiling, Finland's grid operator said on Friday.
read more... 12/09/2022
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Finland starts two backup power plants to prevent blackouts
Finnish power grid operator Fingrid started up two backup power plants on Thursday to balance the country's electricity system and prevent blackouts while repairs were made at a reactor seen as crucial to ensure reliable power supplies this winter.
read more... 09/09/2022
Germany to subsidise basic level of power for homes, businesses
Germany plans to subsidise a basic level of electricity usage for households and set aside cheaper power for small and medium-sized businesses, according to measures set out in an Economy Ministry paper seen by Reuters on Thursday.
read more... 09/09/2022
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EU approves €341m Greek scheme to support electricity storage facilities
The European Commission has approved a Greek scheme, with an estimated budget of €341 million (£293m), to support the construction and operation of electricity storage facilities.
read more... 07/09/2022
Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance
Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.
read more... 07/09/2022